But sales at the government systems division fell 10% to $701 million.

"While we expect continued growth in 2013 from our strong commercial systems positions, the challenges in our defense business will remain, including the dramatic cuts to U.S. defense spending anticipated to go into effect in January," Jones said.

Collins' reiterated its 2013 EPS guidance of $4.30 to $4.50 it issued in September. Analysts are expecting $4.49.

But sales at the government systems division fell 10% to $701 million.

"While we expect continued growth in 2013 from our strong commercial systems positions, the challenges in our defense business will remain, including the dramatic cuts to U.S. defense spending anticipated to go into effect in January," Jones said.

Collins' reiterated its 2013 EPS guidance of $4.30 to $4.50 it issued in September. Analysts are expecting $4.49.

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